What is Bafang Electric (Suzhou) Co.,Ltd.'s (603489.SS) StockRank?

MoatMap's StockRank for Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) is 48/100, with a Hold signal. This is a composite score combining Quality (51), Value (12), and Momentum (76) factor ranks across MoatMap's 19,000+ stock universe.

Does Bafang Electric (Suzhou) Co.,Ltd. have an economic moat?

Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) has a Quality factor score of 51/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Bafang Electric (Suzhou) Co.,Ltd. a buy, hold, or sell?

MoatMap's current signal for Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) is Hold, based on a StockRank of 48/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Bafang Electric (Suzhou) Co.,Ltd. in?

Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) operates in the Consumer Cyclical sector, specifically the Auto Parts industry (China).

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603489.SS

HOLDREMOVE

Bafang Electric (Suzhou) Co.,Ltd. · Consumer Cyclical · China · $1.2B · Avg Vol: $20M/d

StockRank

P/E (TTM)

59.4x

ROE

4.6%

D/E

0.0x

Dividend %

0.5%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Bafang Electric is an e-bike component manufacturer suffering from post-pandemic inventory corrections and cyclical consumer discretionary headwinds, failing our quality compounder test.

COMPANY DESCRIPTION

Bafang Electric is a leading global manufacturer of drive systems and components for electric bicycles (e-bikes), including motors, controllers, batteries, and displays. The company commands a dominant market share in the European and North American e-bike markets, benefiting from its comprehensive product portfolio and strong customization capabilities. It is a highly profitable, technology-driven niche leader positioned at the forefront of global micro-mobility trends.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	421M	244M	201M	198M	-22.3%
EPS	0.32	0.08	0.04	0.07	-41.3%
Shares	236M	235M	235M	235M	-0.5%
Debt	2M	2M	2M	849,278	-29.3%
Equity	422M	407M	391M	403M	-1.5%
Op CF	52M	68M	25M	21M	-26.0%
Inv CF	-65M	-11M	-126M	-31M	—
Fin CF	-47M	-37M	-27M	-5M	—

PRICE (1M)-13.0%

SMA 50SMA 200

$4.85

RSI (14)

36.8

52W High

$5.97

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

4.2%29.1

ROE

4.6%33.6

GP/Assets

10.8%18.3

Op. Margin

13.1%77.3

FCF/Assets

1.3%35.9

Piotroski

—35.4

Int. Cover

50.0x91.4

D/E Ratio

0.00x98.7

Current Ratio

4.19x92.1

Value

P/E (TTM)

59.4x12.0

EV/EBITDA

33.5x8.3

P/FCF

1325.3x4.6

P/B

2.7x27.9

P/S

5.3x7.7

Div Yield

0.5%12.2

Momentum

52W High %

81%59.6

RS 6M

-1%76.7

SMA 50/200

1.13x86.7

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+217%86.4

Q Growth

105%86.7

FUNDAMENTALS

Market Cap

$1.2B

P/E (Forward)

18.8x

Gross Margin

25.1%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 603489.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
603489.SS	Bafang Electric (Suzhou) Co.,Ltd.(you)	$1.2B	48	HOLD
000030.SZ	FAWER Automotive Parts Limited Company	$1.2B	47	HOLD
002284.SZ	Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd	$1.3B	47	HOLD
002516.SZ	Kuangda Technology Group Co., Ltd.	$1.3B	50	HOLD
300681.SZ	Zhuhai Enpower Electric Co.,Ltd.	$1.5B	49	HOLD
603202.SS	Heilongjiang Tianyouwei Electronics Co., Ltd.	$1.5B	50	HOLD
9690.HK	TUHU Car Inc.	$1.4B	45	HOLD
002406.SZ	Xuchang Yuandong Drive Shaft Co.Ltd	$955M	50	HOLD
002970.SZ	Streamax Technology Co., Ltd.	$1.7B	50	HOLD
001233.SZ	Haian Rubber Group Co., Ltd.	$1.5B	54	HOLD

Peer medians: ROE 7.0% · P/E 23.9x · Gross margin 21.9%

Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) — Stock Score Summary

Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) has a MoatMap StockRank of 48/100 based on Quality (51/100), Value (12/100), and Momentum (76/100) factor scores. The current signal is HOLD. Bafang Electric is an e-bike component manufacturer suffering from post-pandemic inventory corrections and cyclical consumer discretionary headwinds, failing our quality compounder test.

Key Financial Metrics

Price	$4.85
Market Cap	$1.2B
P/E (TTM)	59.39
P/E (Forward)	18.75
Price/Book	2.72
Return on Equity	4.6%
Return on Invested Capital	4.2%
Debt/Equity	0.17
Gross Margin	25.1%
Operating Margin	13.1%
Revenue Growth	24.5%
Dividend Yield	0.5%
Free Cash Flow	$929K

Bafang Electric (Suzhou) Co.,Ltd. operates in the Auto Parts industry, part of the Consumer Cyclical sector (China).

Frequently Asked Questions

What is Bafang Electric (Suzhou) Co.,Ltd.’s (603489.SS) StockRank?: MoatMap’s StockRank for Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) is 48/100, with a Hold signal. It is a composite of Quality (51), Value (12), and Momentum (76) factor ranks across MoatMap’s 19,000+ stock universe.
Does Bafang Electric (Suzhou) Co.,Ltd. have an economic moat?: Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) has a Quality factor score of 51/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Bafang Electric (Suzhou) Co.,Ltd. a buy, hold, or sell?: MoatMap’s current signal for Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) is Hold, based on a StockRank of 48/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Bafang Electric (Suzhou) Co.,Ltd. in?: Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) operates in the Consumer Cyclical sector, specifically the Auto Parts industry (China).